Posts Tagged ‘Real Gold’

The paper gold market sets the gold price – the paper price that the false gold market trades at. That has very little to do with the price of gold which is what the physical market would trade at if there was not a manipulated paper market. But buyers & sellers are not concerned about the real price of gold. Because they have no intention of owning the physical since they don’t understand its function.

Many widely held beliefs about gold are lies – propaganda hammered home to have us believe the only true measure of wealth is government-issued debt. Judging from the constant onslaught of anti-gold propaganda, and the relatively small percentage of Americans owning or knowing anything about gold, these lies have done their damage.

When gold becomes “important” again, really and truly having it WILL matter. “Trust us” will no longer be good enough, proof will be required. Gold demand will explode either out of financial fear of the actions in paper markets or …it will explode because the revelation is uncovered the “gold really isn’t there”. BOOM…

Gold is an insurance policy, not a trading vehicle & the time to assess gold is when people have a sudden need for insurance. When that day comes, the price will be the very last thing that matters. It will be purely and simply a matter of securing possession — bubble or not — and at any price. That price will also NOT be $1200.

I can tell you that, yes, there may be problems with gold counterfeiting with tungsten nowadays. Since gold costs almost a thousand times more than tungsten you can understand that there is a lot of incentive for the second law to play a role, here: with a chance to cheat, someone will.